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20110701
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, this should be a big day for speaker boehner. >> the debate on speaker boehner's bill started at about 4:00 this afternoon. what we are being told right now is that thinks going to continue for the better part of the next hour. we are expecting the vote to start some time after 6:00 p.m. the speaker had a closed door meeting with his gop people. it appears more conservative republicans are joining the speaker's side this evening but he could not tell us categorically today if he actually has the votes he needs to pass. boehner's plan cuds spenting without cutting taxes but only raises the debt ceiling for about six months. even though the speaker's bill might pass the house, democratic senate leaders say it will meet a dead end. the majority of the senators signed a letter promising to vote against the speaker's bill this evening if they receive it. today, both sides continue to insist that their side was right. the bill was not perfect. i never said it was perfect. nobody in my caucus believes it is perfect but what this bill reflects is a sincere, honest effort to end this crisis. how
by the congressional budget office. and when it comes to reid's plan, it was off by $500 billion the big difference was that it did deliver on 2 is $.2 trillion in sages over a span of 10 years and -- and they argued that each other's plan had no chance of passing and they claimed theirs is the only proposal to end up ending crisis. >> economists, market analysts and agencies said the world economy can't bear this kind of uncertainty any longer. and they set a short-term as long as of an umpending default that results in the loss of our aaa rating that kept interest rates low in this country and saved consumers money for more than 70 years. >> if i could get more, i would get more and at this hour n my opinion, there is no ability to get more and the plan on the table is the best opportunity we have to hold the president's feet to the fire. >> and the plan would lift the debt ceiling until early next year. senator reid said his plan would not only cut government spending like speaker baehner's but lift it until the end of 2012 fick. and the president -- 2012. the president would not sign a short-te
Search Results 0 to 1 of about 2